Quote Originally Posted by DetroitPlanner View Post
I suppose this is why Toyota and Mitsubshi as well as every euro auto company is in the same boat as the US industry? Toyota lost more money last quarter than GM. If GM is on its last legs, what does this say about its chief competitor in the world market?
Don't forget to mention that Toyota is and has been getting government bailout money [[not to mention their free R&D money), as well. Of course that would be the Japanese government who appreciates them bringing the profits home.